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Featured local agent — Gallatin, TN
Sarah Mitchell
Compass Real Estate · Gallatin, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gallatin, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$424,490median sale price
How is the Gallatin, TN housing market right now?
The median home sale price in Gallatin, TN is $424,490, up 6.8% year-over-year. Homes sell in an average of 70 days with 477 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gallatin a buyer's or seller's market?
Gallatin, TN is currently a leaning buyer's, based on 4.7 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
102
Last 12 weeks
Days on market
70
Average pace
Active listings
477
4.7 months supply
Sale-to-list
99.0%
Below asking
What does the Gallatin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $424,490 |
| Median list price | $427,000 |
| Year-over-year price change | +6.8% |
| Average days on market | 70 days |
| Active inventory | 477 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $214/sq ft |
| Homes sold (latest month) | 102 |
| New listings (latest month) | 134 |
| Listings with a price cut | 22.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Gallatin by property type?
How the Gallatin, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $444,495 | $217/sq ft | 86 | 69 days |
| Condo / Co-op | $320,000 | $235/sq ft | 3 | 112 days |
| Townhouse | $312,000 | $194/sq ft | 13 | 69 days |
Source: Redfin · Updated monthly
The Gallatin housing market is currently classified as a leaning buyer's with a median sale price of $424,490. Prices have risen 6.8% compared to last year, with homes spending an average of 70 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Gallatin
There are currently 477 homes listed for sale in Gallatin, Tennessee. The median listing price is $427K.
Active listings
477
Homes on market
Median list price
$427K
Avg. days on market
70
Days until sale
New this week
134
Newly listed
Who lives in Gallatin?
Population
46,667
Median income
$73,589/yr
Median age
37.3 years
Owner-occupied
58.2%
College grads
32.0%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Gallatin?
Zillow home value
$439,440
Zillow rent index
$1,633/mo
Price-to-rent ratio
22.4x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Gallatin?
Gallatin is a community of approximately 47K residents with a median age of 37.3 years.The median household income is $73,589, which represents a working-class community with solid middle-income opportunities. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.2%, showing a blend of owner and renter-occupied properties. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gallatin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gallatin?
17 schools tracked · 11,382 students
The largest public schools serving Gallatin, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Gallatin Senior High School
Grades 9-12 · 1,677 students
Station Camp High School
Grades 9-12 · 1,114 students
Station Camp Elementary
Grades PK-5 · 894 students
Station Camp Middle School
Grades 6-8 · 861 students
Liberty Creek High School
Grades 9-12 · 818 students
Vena Stuart Elementary
Grades PK-5 · 723 students
Benny C. Bills Elementary School
Grades PK-5 · 713 students
Liberty Creek Elementary
Grades K-5 · 679 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gallatin, TN?
Want a head-to-head view? Compare Gallatin side-by-side with any other U.S. city using our market-comparison tool.
Is Gallatin a good real estate investment market?
For investors evaluating Gallatin, the price-to-rent ratio of 22.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gallatin's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gallatin's median home price.
Frequently asked questions
What is the average home price in Gallatin?
The median home sale price in Gallatin is $424,490, up 6.8% from last year.
How long do homes stay on market in Gallatin?
Homes typically spend 70 days on market before going under contract.
What is the median income in Gallatin?
The median household income is $73,589 per year.
Is Gallatin a buyer's or seller's market?
With 4.7 months of supply, Gallatin is currently a leaning buyer's.
What is the Zillow home value estimate for Gallatin?
The Zillow Home Value Index (ZHVI) for Gallatin is $439,440, representing the typical home value in the area.
What is the median condo price in Gallatin?
The median condo/co-op sale price in Gallatin, TN is $320,000, compared to $444,495 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Gallatin?
The median single-family home price in Gallatin, TN is $444,495 (about $217 per square foot).
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